OFF MARKET

4/1 March Street
Newborough VIC 3825

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 67m2
Land area: 132m2
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Last updated 11 Nov 2024
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Property Details for 4/1 March St, Newborough

4/1 March St, Newborough is a 2 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 132m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in July 2007.

Building Type
Unit
Year Built
1975
Floor Size
67m2
Land Size
132m2
Local Government
Latrobe
Lot/Plan
4/RP18118

Last Listing description (May 2022)

Neat and tidy, light and bright, march into this ready-made investment in popular Old Newborough, with this two bedroom brick veneer unit. With a great tenant in place who enjoys:
* Open plan living with wall-to-wall carpet and day/night blinds
* Two bedrooms, both with built in robes

* Laminate kitchen with loads of cupboard and bench space plus electric cooking
* Combined bathroom and laundry
* Split system heating and air conditioning
* Designated car space

Currently rented at $190 per week and located within walking distance to Newborough Village, schools and services, Unit 4/1 March Street will make an excellent investment, down-size opportunity or first home.
Give Janice a call to book your inspection.

Property History for 4/1 March St, Newborough, VIC 3825

A timeline of how this property has performed in the market
Last Sold
$70,000
04 Jul 2007
Listed for Rent
$180/w
11 Dec 2018
  • 14 Jan 2022
    Listed for Sale UNDER CONTRACT
  • 01 Dec 2018
    Listed for Rent - Price not available
  • 25 Jun 2018
    Listed for Rent - Price not available
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About Newborough 3825

The size of Newborough is approximately 19.5 square kilometres. It has 27 parks covering nearly 7.8% of total area. The population of Newborough in 2011 was 6,932 people. By 2016 the population was 6,757 showing a population decline of 2.5% in the area during that time. The predominant age group in Newborough is 50-59 years. Households in Newborough are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newborough work in a trades occupation. In 2011, 72.5% of the homes in Newborough were owner-occupied compared with 69.6% in 2016.

Newborough has 3,947 properties. Over the last 5 years, Houses in Newborough have seen a 68.07% increase in median value, while Units have seen a 60.64% increase. As at 31 October 2024:

  • The median value for Houses in Newborough is $390,306 while the median value for Units is $277,884.
  • Houses have a median rent of $400 while Units have a median rent of $250.
There are currently 30 properties listed for sale, and 2 properties listed for rent in Newborough on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Newborough.

Suburb Insights for Newborough 3825

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.